China’s CIMC Raffles in Yantai has launched the first of three LNG dual-fuel PCTCs it is building for JP Morgan’s Norwegian Car Carriers (NOCC).
NOOC announced the launch of NOCC Pacific (Hull 610) in a social media post on Monday.
The firm expects to take delivery of this dual-fuel pure car and truck carrier in November 2025.
In February 2024, NOCC announced it had entered into an agreement with the shipbuilder for the construction of two car carrier newbuildings with a capacity of 7,000 ceu.
After that, the company added another vessel to this order.
NOCC said the vessels are LNG dual-fuel type and ammonia-ready basis from DNV.
The company expects to take delivery of the second vessel, NOCC Adriatic (Hull 611), in 2026 and the third vessel, NOCC Kattegat (Hull 612), in 2027.
VesselsValue data shows that NOCC is expected to pay $88 million for each of the first two LNG-powered PCTCs, and $91 million for the third vessel.
In 2023, NOCC became fully owned by a company advised by JP Morgan Global Alternative’s Global Transportation Group.
NOCC’s website shows it currently has three PCTCs in its fleet built between 2009 and 2017.
Two of the vessels have a capacity of 6,500 ceu and one has a capacity of 6,754 ceu.